Department of Energy (DOE) Grant

In late 2011, PelaStar was selected for a grant from the US Department of Energy to reduce the cost of energy (COE) of offshore wind through targeted technological advancement. In this ongoing project, a detailed COE model is being built and vetted with substantial quantities of UK Round 2 and projected UK Round 3 cost data. The COE model is used to identify cost drivers and, therefore, is used to prioritize technological advancements.